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RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

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PROMOTERS<br />

Mr. Ajay Kumar Swarup and Chand Bagh Investments Limited are the promoters of the<br />

Company.<br />

PROMOTERS AND THEIR BACKGROUND<br />

Mr. Ajay Kumar Swarup, Managing Director<br />

Mr. Ajay Kumar Swarup, aged 50 years, is the Promoter and Managing Director of the Company.<br />

After completing his schooling from Doon School, he completed B.A. (Honours) in Economics<br />

from St. Stephens College, Delhi University and PGDBM from the Indian Institute of<br />

Management, Kolkata. Mr. Ajay Swarup has been associated with the Company since inception<br />

and has over <strong>24</strong> years of experience in the alcohol and distillery industry. He started his career<br />

with SVP Industries Ltd., an alcohol and distillery company; co-promoted Associated Distilleries<br />

Limited in 1983 and later promoted <strong>Globus</strong> <strong>Spirits</strong> Ltd. in 1993. He was the President of All India<br />

Distillers Association between March 1992 and July 1995. Mr. Swarup manages the day-to-day<br />

affairs of the Company and is responsible for business policies, strategic decisions, business<br />

development etc. As a strategic planner with a hands-on approach, he has been instrumental in<br />

the growth of the Company to this level. Mr. Swarup was appointed as Managing Director of the<br />

Company w.e.f 1.12.2006.<br />

Name of the Promoter<br />

Mr. Ajay Kumar Swarup<br />

Photo of the promoter<br />

Driving Licence No.<br />

P03061999137891<br />

Passport Details Z 1396527<br />

PAN No.<br />

Voter Id No<br />

Name of Bank and Branch<br />

AGXPS2323K<br />

DL/02/006/156541<br />

Punjab National Bank<br />

Maharani Bagh<br />

New Delhi<br />

Bank Account No. 150900 0100153148<br />

Declaration by the Promoter<br />

The Company confirms that the Permanent Account Number, Bank Account Number, and<br />

Passport Number of the promoter would be submitted to the BSE and NSE at the time of filing<br />

the Draft Red Herring Prospectus with them.<br />

Further, the Promoters, their relatives as per Companies Act 1956, <strong>Globus</strong> <strong>Spirits</strong> Limited, and<br />

promoter group companies have not been declared or detained as wilful defaulters by RBI or any<br />

other government authority and there are no violations of securities laws committed by them in<br />

the past nor any such proceedings are pending against them. Neither the Promoters, nor its<br />

directors, any of the company’s associates or group companies, and companies with which the<br />

Directors of the Issuer Company are associated as directors or promoters have been prohibited<br />

from accessing the capital market under any order or directions passed by SEBI.<br />

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